$XAUUSD Market continued to warm up with efforts toward a bullish trend, risk appetite recovered + major regulatory tailwinds, mainstream coins staged a collective rebound!
However, the market stalled at high levels last night, oscillating throughout the night, which is basically consistent with our expectations for the market last night. We predicted that the market would maintain an oscillating pattern. Last night we took one position in XAU at 4988, which has now been filled. Note that when the 35-50 space is broken through, reduce positions and set protection! Last night's minor LIT trend showed extremely textbook multi-cycle bullish trend characteristics. On first sight last night, we directly went long at 1.16 and took profits, then set protection with this strategy! The biggest-level positive for crypto today is this SEC document: The SEC (led by new chairman Paul Atkins) jointly with the CFTC released an interpretive guidance, categorizing crypto assets into 5 major classes: Digital Commodities: BTC, ETH, SOL, XRP, ADA, DOGE, SHIB, AVAX, LINK etc. explicitly not classified as securities, regulated by CFTC like commodities. Digital Collectibles: NFTs, meme coins mostly not classified as securities. Digital Utilities: Utility-type tokens (such as domain names, credentials) also not classified as securities. Stablecoins: Compliant payment stablecoins not classified as securities. Digital Securities: Blockchain-based traditional stocks/bonds classified as securities. More importantly: mining, PoS staking (including liquid staking like stETH), airdrops (without consideration), wrapping and other common on-chain activities, when conditions are met, explicitly non-securities. The enforcement shadow of projects being "forever securities" has largely dissipated. Regulation has shifted from "enforcement crackdown" to "clear boundaries + compliant innovation." This is super certain positive news for mainstream public chains, exchanges, and institutional capital inflows. Many people exclaim "the age of regulatory spring has arrived." BTC Support: 70825/66300 Resistance: 83896 Key levels are 70825 and 75475, consolidation focuses on observing changes in price-volume relationship; ETH Support: 2225/2100/1915 Resistance: 2749 The key level right now is the 2403 line. Whether we move up or down after consolidating for a few days will be tested next. Keep tracking at all times! Today's trading suggestions: Both long and short are tradeable. Above 75000, without breaking the previous high, look for shorting opportunities on volume drops with previous high as stop loss. For the second coin (ETH), temporarily not considering shorts, focus mainly on going long on pullbacks. Yesterday's strategy can be applied until 20:30 tonight, after 20:30 when North American session opens, analyze specific conditions and adjust accordingly! #Gate广场AI测评官
$XAUUSD Market continued to warm up with efforts toward a bullish trend, risk appetite recovered + major regulatory tailwinds, mainstream coins staged a collective rebound!
However, the market stalled at high levels last night, oscillating throughout the night, which is basically consistent with our expectations for the market last night. We predicted that the market would maintain an oscillating pattern. Last night we took one position in XAU at 4988, which has now been filled. Note that when the 35-50 space is broken through, reduce positions and set protection!
Last night's minor LIT trend showed extremely textbook multi-cycle bullish trend characteristics. On first sight last night, we directly went long at 1.16 and took profits, then set protection with this strategy!
The biggest-level positive for crypto today is this SEC document:
The SEC (led by new chairman Paul Atkins) jointly with the CFTC released an interpretive guidance, categorizing crypto assets into 5 major classes:
Digital Commodities: BTC, ETH, SOL, XRP, ADA, DOGE, SHIB, AVAX, LINK etc. explicitly not classified as securities, regulated by CFTC like commodities.
Digital Collectibles: NFTs, meme coins mostly not classified as securities.
Digital Utilities: Utility-type tokens (such as domain names, credentials) also not classified as securities.
Stablecoins: Compliant payment stablecoins not classified as securities.
Digital Securities: Blockchain-based traditional stocks/bonds classified as securities.
More importantly: mining, PoS staking (including liquid staking like stETH), airdrops (without consideration), wrapping and other common on-chain activities, when conditions are met, explicitly non-securities.
The enforcement shadow of projects being "forever securities" has largely dissipated. Regulation has shifted from "enforcement crackdown" to "clear boundaries + compliant innovation."
This is super certain positive news for mainstream public chains, exchanges, and institutional capital inflows. Many people exclaim "the age of regulatory spring has arrived."
BTC
Support: 70825/66300
Resistance: 83896
Key levels are 70825 and 75475, consolidation focuses on observing changes in price-volume relationship;
ETH
Support: 2225/2100/1915
Resistance: 2749
The key level right now is the 2403 line. Whether we move up or down after consolidating for a few days will be tested next. Keep tracking at all times!
Today's trading suggestions: Both long and short are tradeable. Above 75000, without breaking the previous high, look for shorting opportunities on volume drops with previous high as stop loss. For the second coin (ETH), temporarily not considering shorts, focus mainly on going long on pullbacks. Yesterday's strategy can be applied until 20:30 tonight, after 20:30 when North American session opens, analyze specific conditions and adjust accordingly!
#Gate广场AI测评官